A Quote by Michael Steinhardt
The markets are always changing, and the successful trader needs to adapt to these changes.
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The successful human being is adaptable. We have to adapt to changes in weather. We have to adapt to changes in climate. We have to adapt to changing economic circumstances. People that don't have the flexibility to adapt or who are afraid of change or who oppose it are going to be left behind.
Our nation needs the BRAC process. No institution can remain successful if it does not adapt to its constantly changing environment. Our armed forces must adapt to changing global threats, evolving technology and new strategies and structures.
Anyone who claims to be intrigued by the "intellectual challenge of the markets" is not a trader. The markets are as intellectually challenging as a fistfight. Ultimately, trading is an exercise in self-mastery and endurance.
I'm not a free trader, but I am a free trader, but I'm also a fare trader and a smart trader. I want to make sure that the United States gains something. So I think you would probably agree.
Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.
Doing business is all about providing a good product or service to your customers. A good businessman is he who knows that what is successful today may not be so tomorrow. Technology changes so fast, and so do people's needs and wants. That's why it would do well for a businessman to know how to adapt to change. He must constantly reinvent the business, or it won't last.
We'll have a different set of values, and society will adapt. That doesn't mean these changes are all good, just because we will accept them. But the 'Chicken Little' view of history isn't correct. Changes take place gradually, and people and institutions adapt.
Speculative markets have always been vulnerable to illusion. But seeing the folly in markets provides no clear advantage in forecasting outcomes, because changes in the force of the illusion are difficult to predict.
The family is constantly changing, as each member changes. Some changes we recognize as developments, and the pleasure they bringusually makes us more adaptable. Some changes threaten, or disappoint other members, who may try to resist the change, or punish someone for changing.
When you get old, everything changes - your body changes, your family changes. You can't do what you've always done, anymore. And, either you can complain about things changing - or you can be content. Instead of complaining, you can say: "Oh, yesss! Look at all this change!" You can welcome it.
Life's always changing. We always are being called to adapt.
Your retirement identity is of a successful person who creatively and efficiently manages your money and lifestyle to adapt to the ever changing economic and personal conditions of our time.
We're always thinking of different things to be on the cutting edge of what's entertaining or what's hot on Twitter or social media or even society in general. I've had little goals here and there. But that's the main goal. Always changing, always be prepared to adapt.
Constantly adapting yourself to changing times is a very integral part of a successful person's personality because change is the only constant, and one should have the ability to change and adapt to change with time.
The dinosaurs disappeared because they could not adapt to their changing environment. We shall disappear if we cannot adapt to an environment that now contains spaceships, computers - and thermonuclear weapons.
Honestly, I think winning changes all of that. It doesn't matter where you are - it could be Timbuktu - if you win, people will watch, they'll follow and they'll support. It's my responsibility to put a team on the floor that will win, and that attracts players. Look at the teams that have been successful in the NBA. Yes, you have big, glamorous cities like L.A. But Miami has won, and so has San Antonio. Oklahoma City is a very successful team. They're not the biggest markets.
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